7801- Southtown Dr Bloomington, MN 55431
Southtown Shopping Center presents a significant retail opportunity in Hennepin County. This 529,559 square foot regional power center boasts a prime location at the heavily trafficked intersection of I-494 and I-35W, directly across I-494 from Best Buy's corporate headquarters. The center benefits from exceptional visibility and curb appeal, enhanced by multiple entry points. With a strong tenant mix, this open-air center offers spaces ranging from 1,600 square feet to a maximum contiguous space of 128,771 square feet. Two spaces are currently available. The high traffic volume is undeniable, with 176,000 vehicles per day on I-494, 119,000 vehicles per day on I-35W, and 26,500 vehicles per day on Penn Ave S. This translates to significant exposure for businesses seeking a location with high visibility and accessibility. The property's size and strategic location make it ideal for a variety of retail uses, offering a compelling investment opportunity within a thriving commercial area. The proximity to Best Buy's corporate headquarters and its substantial workforce provides a built-in customer base.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.